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Tag Archives: maserati
Penske Automotive Adds Ferrari Dealership in Modena!
Penske Automotive Group (NYSE: PAG)* said today that it has completed the acquisition of the Ferrari dealership in Modena, Italy. Located in Emilia Romagna, the heart of the so-called Italian Motor Valley that is home to Ferrari, Lamborghini, Maserati, Pagani, Ducati and Dallara, this Ferrari dealership expands the PAG’s existing luxury presence in Italy to 29 automotive retail locations. PAG now represents nine Ferrari locations worldwide, including Maranello Classic Parts, the only official Ferrari classic parts distributor in the world. The forecast estimated annualized revenue of the Modena location is $40 million. Continue reading
Posted in auto news, marketing, milestones, mobility company, news analysis, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Dallara, ducati, ferrari, Ken Zino, lamborghini, maserati, pag, Pagani, penske automotive group, Penske Transportation Solutions, Randall Seymore, X @KenAutoinformed
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Stellantis Implements First Employee Share Purchase Plan
“The success of this step of Shares to Win in Italy and France demonstrates our employees’ confidence in the sustainable future of our Company supported by the execution of our Dare Forward 2030 strategic plan, which maps out the path to achieving carbon net zero by 2038 and creating value for all our stakeholders,” claimed Xavier Chéreau, Chief HR & Transformation Officer. Continue reading
Posted in news analysis
Tagged alfa romeo, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, chrysler, citroën, Dodge, DS Automobiles, Fiat, Free2Move, jeep, Ken Zino, lancia, Leasys, maserati, Milano stock exchange, NYSE: STLA, opel, Peugeot, ram, Stellantis Shares to Win, Vauxhall, Xavier Chéreau
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Stellantis Opens Its First Battery Technology Center in Italy
“We are in the midst of a once-in-a-lifetime opportunity to redefine mobility, providing smart and sustainable solutions for our customers,” claimed Ned Curic, Stellantis Chief Engineering and Technology Officer. “Our new Battery Technology Center at Mirafiori brings together the tools and talented people we need to design, test, verify and produce class-leading products that will meet our customers’ needs and accelerate bringing class-leading electric vehicles to customers around the world.” Continue reading
Stellantis Posts Record Revenue and Profits for 2023 Half 1
Stellantis (NYSE: STLA) today posted strong growth while setting new records in net revenues, operating income and net profit for the first half of 2023 while continuing its transformation to electrified and software-defined vehicles for its 14 brands. Stellantis currently has 25 BEVs available today and another 23 launching through 2024. Continue reading
Posted in financial results, mobility company
Tagged alfa romeo, auto industry commentary, autoinformed.com, carlos tavares, chrysler, citroën, Dodge, DS Automobiles, Fiat, Free2Move, jeep, Ken Zino, lancia, Leasys, maserati, opel, Peugeot, ram, Vauxhall
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Fiat Recalls Maserati, Alfa Romeo Cars for Suspension Failures
The lack of a zinc coating on rear suspension parts is prompting the recall of 2005 to 2008 Maserati Quattroporte, 2008 Granturismo and 2008 Alfa Romeo 8C cars. More than 7,400 Italian built vehicles are involved because the rear tie rods can corrode and ultimately fail, resulting in the loss of vehicle control, thereby increasing the risk of a crash. Continue reading
Posted in auto news, recalls, safety
Tagged alfa romeo, autoinformed, autoinformed.com, corrosion, Ken Zino, maserati
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Chrysler Execs to Move into Detroit for the First Time
Chrysler is leasing nearly 33,000 square feet of space and, after the space is refurbished, about 70 people will move in. It’s largely a symbolic gesture now, but it’s important for the city of Detroit and the comeback car company that many had left for dead. Continue reading
Posted in auto news, economy, manufacturing, marketing
Tagged auto informed, autoinformed.com, automotive news, chrysler, chrysler house, grand cherokee, jefferson north, Ken Zino, marchionne, maserati, viper
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Porsche Laments the Death of Hans Herrmann
Porsche AG is mourning the loss of Hans Herrmann. The former racing driver passed away on 9 January 2026, at the age of 97. During his motorsport career, he achieved more than 80 overall and class victories, the vast majority of them for Porsche. Herrmann not only competed in all major endurance races and European hill climb championship events, but also conducted countless test drives at the Weissach Development Center. Above all, Hermann was instrumental in making Porsche a serious competitor in endurance racing.
“The passing of Hans Herrmann has deeply affected us all,” says Thomas Laudenbach, Head of Porsche Motorsport. “He was one of Porsche AG’s most successful factory racing drivers. With the victory at the 24 Hours of Le Mans in 1970 in the Porsche 917, Richard Attwood and he made history.” Continue reading →